Which of the Following Statements Is Not True in Considering

question 24

Multiple Choice

Which of the following statements is not true in considering and evaluating store locations?

• A) The best areas for locating stores are those that generate the highest return on investment in the short-term.
• B) It is important to examine an area's level and growth of population and employment and how long such growth will continue and how it will affect demand for merchandise sold in its stores.
• C) It is important to have the strategic fit of the areas' population with the retailer's target market.
• D) It is important to consider local and state legal and regulatory environments affecting operating costs.

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Definitions:

Khipu

Andean record-keeping device consisting of numerous knotted strings hanging from a main cord; the strings signified, by position and color, numbers and categories of things.

Accounting Records

Documentation kept by businesses and organizations to track their financial transactions, assets, and liabilities for the purpose of financial management and reporting.

Quilled Clothing

Clothing decorated with quills, typically from porcupines, used by various Indigenous peoples of North America as a form of ornamentation.

Competitive Dances

Dance events where individuals or teams perform routines in various styles to be judged on criteria such as technique, creativity, and expression.